Business News
Income protection: The overlooked lifeline in financial planning
31 Aug 2023One of the most frequently overlooked aspects of financial planning is income protection insurance. While it is easy to focus on immediate needs and short-term financial goals, planning for potential future hurdles can sometimes allow this critical form of insurance
Are you one of the many savers missing out on millions of pounds of unclaimed pension tax relief?
31 Aug 2023In the last five years, an incredible £1.3 billion of pension tax relief has gone unclaimed in the UK – with higher and additional-rate taxpayers losing out on incredible sums according to some experts. This tax is the Government’s mechanism
What is the minimum amount needed to retire in 2023?
26 Jun 2023Planning for retirement is no easy task as this is related to lifetime earnings and anticipated needs in later life. People’s needs, or their perceived needs, vary widely. However, there are some facts and figures which can be used to
The advantages of a long-term savings account
26 Jun 2023Disappointing interest rates on everyday savings accounts and other investments mean investors and everyday savers are looking for alternative places to put their money. One of these is long-term savings accounts. Long-term savings accounts have several advantages. The primary advantage
Is there such a thing as a good debt?
26 Jun 2023While debt is often seen in negative terms there can be times in life when it is not only a necessity but can lead to a better financial position. That is if it is done in the right way. Broadly
Have you checked your NI Contributions to ensure you maximise your state pension entitlement – as deadline is extended to July?
28 Apr 2023Each week seems to bring more depressing news on how the state pension retirement age is continuing to rise; which is why it is more important than ever to try and make sure you maximise your full state pension entitlement
Savers switch accounts in the hunt for higher interest rates
4 Apr 2023UK savers are voting with their feet and changing accounts in large numbers in the hunt for higher interest rates. There was a reported 317 per cent increase in the switching of accounts in the last three months of 2022.
Get to know your pension allowances and make sure you use them
4 Apr 2023Maximising your pension allowances can help you achieve your retirement goals and ensure that you have enough money to live on when you retire. The UK Government provides several pension allowances, and it’s important to understand these allowances and how
Finding the ‘real’ interest rate
4 Apr 2023The headlines are full of stories about rising interest rates and their impact but it is the real interest rate that matters. Interest and inflation interact in a variety of ways. Inflation affects the rate of interest, known as the
Spring Budget 2023 – Summary
16 Mar 2023Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the first full Budget to have taken place in 504 days and the first unaffected by